How Countries and Companies Are Planning to Bypass the Strait of Hormuz Closure with New Ports and Routes

As tensions in the region escalate and Iran steps up its attacks on oil tankers in the Strait of Hormuz, Gulf countries are seeking alternative ways to export oil and gas to avoid dependence on the strait, which accounts for about one-fifth of global energy supplies and faces increasing risks due to military escalation. New strategies include developing ports and container terminals on the eastern coast of the United Arab Emirates in Fujairah, establishing pipeline routes through Saudi Arabia to transport oil from the port of Yanbu on the Red Sea, and opening new land routes from Iraq. Shipping companies are also relying on alternative maritime routes, such as using intermediate ports like Salalah and Jeddah or resorting to the Cape of Good Hope route to bypass the strait, although these alternatives are not yet sufficient and require long-term investments, focused security efforts, and logistical planning.

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